Property Analysis | 3787 Tessland Rd

Property Analysis For: 3787 Tessland Rd

Year	1	2	3	4	5	6	7	8	9	10	11	12	13	14	15

Revenue
Rental Income	15,540	16,053	16,583	17,130	17,695	18,279	18,882	19,505	20,149	20,814	21,501	22,210	22,943	23,700	24,482

Expenses (Recurring)
Mortgage Payment	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327	8,327
Estimated Annual Property Taxes	904	931	959	988	1,017	1,048	1,079	1,112	1,145	1,180	1,215	1,251	1,289	1,328	1,367
Estimated Annual Homeowners Insurance	672	692	713	734	756	779	802	826	851	877	903	930	958	987	1,016
Annual Property Mgmt Fee	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Expenses (Recurring)	9,903	9,950	9,999	10,049	10,101	10,154	10,209	10,265	10,323	10,383	10,445	10,508	10,574	10,641	10,711
Annual Cash Flows	5,637	6,103	6,584	7,081	7,594	8,125	8,674	9,240	9,826	10,431	11,056	11,702	12,369	13,059	13,772

Expenses (Periodic)
Vacancy Costs	124	642	663	685	708	731	755	780	806	833	860	888	918	948	979
Maintenance & Repairs	0	1,204	1,244	1,285	1,327	1,371	1,416	1,463	1,511	1,561	1,613	1,666	1,721	1,778	1,836
Tenant Placement Credit	-648	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tenant Placement/Lease Renewal Fees	648	200	200	714	200	200	200	813	200	200	200	925	200	200	200
Total Expenses (Periodic)	124	2,046	2,107	2,684	2,235	2,302	2,371	3,056	2,517	2,594	2,673	3,480	2,838	2,926	3,015

Total Return On Investment
Acquisition Down Payment	-37,075	0	0	0	0	0	0	0	0	0	0	0	0	0	37,075
Acquisition Closing Costs	-6,500	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Rental Income	5,513	4,057	4,477	4,397	5,360	5,823	6,302	6,184	7,309	7,837	8,383	8,222	9,531	10,134	10,756
Tax Savings	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	1,699	-15,855
Principal Paydown	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30,936
Estimated Home Price Appreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	194,742
Total Selling, Holding & Closing Costs	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-34,304
Total Capital In/Out	-36,363	5,755	6,176	6,096	7,058	7,522	8,001	7,883	9,007	9,536	10,082	9,921	11,230	11,832	223,350
Total Return On Investment (IRR)	25.16%

Returns are estimated and not guaranteed. Actual investment performance, including IRR, varies and cannot be precisely predicted. Assumptions should be independently assessed. There may be other additional costs.